Rosalba O'Brien

NEW YORK Argentina will not increase defense spending, despite the loss of a submarine with 44 crew aboard that has sparked criticism of the state of its armed forces, a close ally of President Mauricio Macri said on Friday.

SANTIAGO U.S. Vice President Mike Pence urged Brazil, Peru, Chile, and Mexico to break ties with North Korea on Wednesday, adding that "all options" are on the table with regards to the Asian state. | Video

SANTIAGO Latin America is falling behind other parts of the world in developing new technology, with a lack of urgency from its governments holding it back, the head of the region's economic arm for the United Nations said.

SANTIAGO Chile's economy is likely to gain significant momentum in coming months and register growth in the last quarter of 3 percent, propelled by a recovery in mining investment and improved trade within South America, the finance minister said on Wednesday.

SANTIAGO Alejandro Guillier, the Chilean center-left's best hope to succeed President Michelle Bachelet next year, said investors could be assured he would stick to the "rules of the game" if elected, but that Chileans were demanding real change.

SANTIAGO Polish miner KGHM's flagship international asset, the Sierra Gorda copper mine in Chile, should produce more than 100,000 tonnes of copper this year and could be profitable in three to four years, the chief executive said Thursday.

SANTIAGO/HONG KONG Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile's Sociedad Quimica Y Minera (SQM), one of the world's biggest lithium producers, according to two sources with knowledge of the matter.

SANTIAGO Chile is looking at expanding its undersea fiber optic network across the Pacific Ocean to China and south to Patagonia, a project that has attracted interest from international companies including Amazon, the government said on Tuesday.

World News

Iran dismissed accusations by the United States that it was behind attacks on Saudi oil plants that disrupted world oil production and warned on Sunday that U.S. bases and aircraft carriers in the region were in range of its missiles.

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